Assertion (A) – There are no uniform, common standard rates of depreciation applicable to the various capital assets.
Assertion (A) – There are no uniform, common standard rates of depreciation applicable to the various capital assets.
Reasoning (R) – It is easy to make correct deduction for deprecation.
(i) Both (A) and (R) are true and (R) is the correct explanation of (A).
(ii) Both (A) and (R) are true but correct explanation of (A).
(iii) (A) is true but (R) is false.
(iv) (A) and (R) both are false.
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